AKAMAI TECHNOLOGIES INC — Director's Dealing 2016

Feb 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AKAMAI TECHNOLOGIES INC (AKAM)
CIK: 0001086222
Period of Report: 2016-02-11

Reporting Person: LEIGHTON F THOMSON (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-12	Common Stock, par value $.01 per share	M	8878	—	Acquired	136038	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-11	Restricted Stock Units	$0.0	A	138380	Acquired	2019-02-12	Common Stock (138380.0)	Direct
2016-02-11	Restricted Stock Units	$0.0	A	69190	Acquired	2019-02-12	Common Stock (69190.0)	Direct
2016-02-11	Restricted Stock Units	$0.0	A	69190	Acquired		Common Stock (69190.0)	Direct
2016-02-11	Restricted Stock Units	$0.0	M	16767	Disposed		Common Stock (16767.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.01 per share	173889	Indirect
Common Stock, par value $.01 per share	2865337	Indirect

Footnotes

F1: Held by the F. Thomson Leighton 2012 Qualified Annuity Trust. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.

F2: Held by the F. Thomson Leighton and Bonnie B. Leighton Revocable Trust dtd 11/3/99. Mr. Leighton disclaims beneficial ownership of shares held by such trust except to the extent of his pecuniary interest therein.

F3: Each restricted stock unit ("RSU") represents the right to receive one share of Akamai common stock upon vesting.

F4: Vesting of such RSUs is dependent on Akamai's achievement of specified annual revenue and earnings per share targets for each of fiscal years 2016, 2017 and 2018. To the extent such targets are met, the RSUs will vest in full on the date the company's financial results for 2018 are certified. Amount reported is maximum issuable.

F5: Vesting of such RSUs is dependent on the relative cumulative total shareholder return of Akamai's common stock as compared to the S&P 500 Information Technology Index for 2016, 2017 and 2018. To the extent the company's total shareholder return exceeds specified target percentile rankings within such index, the RSUs will vest in full on the date the company's financial results for 2018 are certified. Amount reported is maximum issuable.

F6: RSUs vest over three years in equal installments on the first, second and third anniversaries of the grant date.

F7: Not applicable.

F8: Option vests over three years as follows: 33% on each of February 12, 2016, 2017 and 2018.